In the diagram above, SACP describes the unsupported group credit profile of Barclays. We do not assign a stand-alone credit profile to this group. Good asset quality relative to domestic peers over an extended period. Leading market positions in U.K. banking and global investment banking. Reasonably diversified revenues by business line and by geography. In the midst of a period of significant restructuring. Investment banking, while being reduced in relative importance, increases group revenue volatility and confidence sensitivity relative to many peers. The combination of possible litigation charges and other exceptional items makes earnings outlook less predictable. The stable outlook on U.K.-based Barclays Bank PLC (Barclays) over the next two years reflects Standard&Poor's Ratings Services' view that the